We have received a lot of requests to review Bitcoin Gemini, a viral bitcoin trading robot with alleged daily profitability of up to 300%. The robot supposedly turns a deposit of $250 to over $1k in less than 24 hours of trading. This sounds to be too good to be true which is why most traders are taking extra precaution before registering with this bot.
Learnbonds has carried out in-depth research and prepared this comprehensive review for you. We find Bitcoin Gemini to be legit and highly reputable. We have analyzed users’ feedback and found out that this bot performs consistently. Moreover, it is highly rated in terms of ease of use, withdrawals and customer service.
However, great feedback should not be taken as evidence of risk-less. Bitcoin Gemini, like any other robot that trades on margin, comes with a significant level of risk. Consequently, there is a likelihood of losing the invested capital. Learnbonds insists that you only trade with what you can afford to lose.[toc]
What is Bitcoin Gemini?
Bitcoin Gemini is a piece of software that is built on algorithms coded from the trading strategies of experienced crypto traders. The software connects to broker systems to automatically conduct all the trading functions of a professional trader. Bitcoin Gemini speculates on bitcoin volatility and is equipped with strategies that enable it to allegedly profit from rising and falling bitcoin prices.
This means that crushing bitcoin prices do not affect its performance. Bitcoin Gemini tends to perform better when there is high volatility irrespective of whether the prices are rising or falling. Bitcoin Gemini trades on a leverage of up to 1:2000 as provided by its partner brokers. High leverage magnifies trades and consequently results in greater earnings.
For instance, with a leverage of 1:2000, a trading account with a deposit of $250 can speculate on bitcoin worth up to $500k. The best thing is that the trader can keep all the earnings they generate from the leveraged account. On the downside, they also get to stomach the losses if the trades go against them. Highly leveraged accounts are likely to trade into the negative in a few bad trades. Bitcoin Gemini partner brokers offer negative balance protection to prevent this from happening.
Moreover, the robot is equipped with risk control features such as Stop Loss and Take Profit to enable the trader to define the level of risk they are willing to take. The Bitcoin Gemini robot integrates with the underlying broker completely and presents the user with a simple interface for basic functions. All that the trader needs to do when trading with this robot is to toggle live trading on and harvest profits.
How does Bitcoin Gemini work?
Bitcoin Gemini conducts trading research and execution through advanced technologies in artificial intelligence and machine learning and natural language processing. The robot can analyze big data with a supposed accuracy level of 90% and convert the derived insights into trades. This happens in a split of a second hence making it possible for the bot to capitalize on trading opportunities as they emerge.
Speed and accuracy are the two most important factors in trading. A trading bot should be able to detect tradable information as it emerges and act before the markets can respond. It takes less than a second for the markets to detect new information and factor it in asset pricing.
Machine Learning is a subset of artificial intelligence that makes enable robots to learn from data. This means that the robot improves itself as it interacts with more data. Consequently, Bitcoin Gemini alleged accuracy level is bound to increase as more users continue to adopt it. The robot currently has a user base of over 100k traders.
Natural Language Processing, on the other hand, makes it possible for the robot to understand human language. This is paramount in fundamental analysis, especially in news trading. Bitcoin Gemini can distinguish authoritative news sources and derive insights from this.
Is Bitcoin Gemini legit or scam?
Most users who have reviewed Bitcoin Gemini indicate that it is trustworthy. The robot is also top-rated on performance, ease of use, safety, and customer service. At least 90% of reviewers on TrustPilot allege that this bot performs consistently. We cannot guarantee the truthfulness of these claims given that we haven’t done a live test on this robot.
Regarding customer service, most users report that Bitcoin Gemini customer agents are friendly and knowledgeable. Our test shows that they are available for 24 hours a day, 7 days a week. Moreover, they are easily reachable via phone, live chat and facebook. Traders should only use email for less urgent communications given that this robot can take up to 3 days to reply.
Bitcoin Gemini offers a variety of deposit and withdrawal methods to include all the major debit and credit cards, the majority of e-wallets, and bitcoin and Ethereum crypto wallets. Deposits are facilitated almost instantly while withdrawals can take up to 24 hours. Bitcoin Gemini does not have any withdrawal limits. Moreover, all deposits and withdrawals are free.
Learnbonds has conducted a background check on the information presented on this robot’s website and found it to be accurate. For instance, their earning potential is in line with what most reviewers allege. Also, they have made crucial disclosures about their fee mechanisms and interests. Bitcoin Gemini charges a commission of up to 10% on all earnings made through it. Consequently, they are bound to act in the best interest of users given that they only gain when the user gains.
All trading carries risk.
How to register with Bitcoin Gemini
The registration process with Bitcoin Gemini is simple and straightforward. It takes about 5 minutes to create a free account and start trading. However, traders may be required to wait for up to a day to verify identity with the underlying broker.
Bitcoin Gemini operates internationally but may not be available in a few select countries including the United States. You can try the signup process here to check if it is available in your country. Read our top bitcoin robot review for alternative robots if Bitcoin Gemini is not available in your country.
Here is a step by step guide to getting started with Bitcoin Gemini.
STEP ONE: Registration
Visit the Bitcoin Gemini website and fill the registration form displayed on the upper right corner. You need to submit your name as it appears on your national ID plus a working email and phone number. A link and a message will be sent to your email and phone respectively for verification.
Bitcoin Gemini has top-level measures in place to ensure that all data that is submitted through it is safe. For instance, their site has the highest standard of encryption which is a guarantee that hackers cannot intercept traffic and copy users’ data. Bitcoin Gemini is also compliant to the stringent EU personal data privacy law known as the GDPR.
STEP TWO: Identity verification
After registration, you will be redirected to the underlying partner broker page to verify your ID and proof of address. Remember that Bitcoin Gemini relies on select brokers to handle deposits and facilitate transactions.
Legit brokers in most jurisdictions are required by law to adhere to strict Know Your Customer (KYC) measures. These measures include a government ID check and proof of current address by submitting a recent utility bill.
The ID and Proof of Address check are inevitable with all well-regulated brokers. This measure is meant to weed out financial crime including money laundering. The verification process takes a few hours.
STEP THREE: Deposit
After ID verification, you can go ahead and make a deposit. The minimum amount needed to trade with Bitcoin Gemini is $250. This robot accepts deposits via all the major credit and debit cards, wire transfer, and a few e-wallets including Skrill, WebMoney, and Netteller. Deposits via Bitcoin and Ethereum crypto wallets are also accepted.
Bitcoin Gemini does not charge any deposit limits or fees. Moreover, all deposits made through the above methods reflect in a trader’s account instantly.
STEP FOUR: Demo practice
Bitcoin Gemini provides a demo interface to help users familiarize with the live web-trader. The demo has all the functions that are found in the live platform. Moreover, it simulates real market conditions by running on historical data. Consequently, traders get a real feel of the results to expect in live trading.
The Bitcoin Gemini demo account will help you familiarize with critical functions of the live trading platform such as volatility timing and risk management. Volatility timing is all about determining how the robot responds to different market events. Risk management, on the other hand, involves adjusting the risk features to fit your risk tolerance. Bitcoin Gemini provides a detailed manual to guide you through the process.
STEP FIVE: Live trading
Live trading with Bitcoin Gemini happens at a click of a button. Adjust the risk settings as instructed in the trading manual and toggle the live button. Bitcoin Gemini is entirely auto and hence no skill is required to use it.
You need to run Bitcoin Gemini for at least 8 hours per day to get the best out of it. We recommend that you avoid keeping checking your account during this period. This is because you are likely to get anxious and interrupt trading.
The best time to trade with Bitcoin Gemini is when trading is taking place at the New York Stock Exchange. Wall Street is one of the key drivers of volatility in bitcoin trading given the billions of dollars’ worth of bitcoin derivatives traded there. Remember that the higher the volatility, the higher the earning potential.
Learnbonds recommends that you deposit $250 only and increase the size of your account via reinvestments. Bitcoin Gemini trades on a leverage of up to 1:2000 and hence there is a likelihood of blowing an account when trading with it. We strictly recommend that you only trade with an amount you can afford to lose.
Is Bitcoin Gemini legit?
Bitcoin Gemini is undoubtedly legit given the great customer feedback it has on most review sites. Most users who have reviewed this bot report that it performs consistently. Moreover, it is easy to use, safe and has great customer support. We have done a demo test on Bitcoin Gemini and confirmed that it is easy to use. This robot is suitable for all types of users including those with zero trading experience.
Bitcoin Gemini is a piece of software that automatically carries out the trading functions of a professional crypto speculator. This robot is made for the bitcoin market.
The earning potential with Bitcoin Gemini is endless. The robot has alleged daily profitability of up to 300%.
No! Bitcoin Gemini appears to be legit. The robot has generally positive feedback from users who have reviewed it on TrustPilot and Forex Peace Army.
Yes! Bitcoin Gemini allows users to withdraw their funds whenever they feel like. Simply fill the request form and wait for up to 2 business working days.
This bot requires a minimum of $250. We suggest that you start small, preferably with the minimum deposit.